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India's Union Cabinet is set to approve a Rs 37,500 crore incentive scheme for coal gasification projects, targeting reduced imports of LNG and urea. The plan uses domestic coal to produce syngas, which can replace imported natural gas in fertiliser and chemical production.
India targets imports of 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers as the US-Israel-Iran conflict pushes global prices higher. With domestic urea output at 35.4 lakh tonnes, the shortfall will increase India's fertiliser subsidy burden.
Tag
India's Union Cabinet is set to approve a Rs 37,500 crore incentive scheme for coal gasification projects, targeting reduced imports of LNG and urea. The plan uses domestic coal to produce syngas, which can replace imported natural gas in fertiliser and chemical production.
1mo ago · 2 min · Policy & Government
India targets imports of 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers as the US-Israel-Iran conflict pushes global prices higher. With domestic urea output at 35.4 lakh tonnes, the shortfall will increase India's fertiliser subsidy burden.
2mo ago · 2 min · Economy
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